Employee Owned Businesses

Employee owned businesses come in 2 main varieties:

Worker-Owned Cooperatives, where every employee has an equal share in the company, and a vote in the company.

ESOPs (employee stock plans), where employees own various amounts of stock, but do not exercise direct control over it (for example, voting) but may profit from their shares if the company is successful.

Here’s a great article that goes into more detail: http://cdi.coop/coop-cathy-worker-coops-esops-difference/

Conscious Capitalism Credo

We believe that business is good because it creates value, it is ethical because it is based on voluntary exchange, it is noble because it can elevate our existence and it is heroic because it lifts people out of poverty and creates prosperity. Free enterprise capitalism is the most powerful system for social cooperation and human progress ever conceived. It is one of the most compelling ideas we humans have ever had. But we can aspire to even more.

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